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Lumera Closes $1.9 Million Private Equity Financing

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BOTHELL, Wash., August 26 -- Microvision Inc. and Lumera Corp., its majority owned subsidiary, announced today that Lumera has closed a $1.89 million preferred stock financing with new and existing investors. Microvision invested $867,550 in the financing and maintains its majority ownership in Lumera. "This completes the first stage in our strategy to raise capital to fund our operations through 2004 and beyond," said Tom Mino, Lumera's CEO. "We continue to actively pursue additional financing including the sale of additional preferred stock and the potential investment by strategic...Read full article

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    Published: August 2003
    Consumerelectro-optichigh-resolution displaysLumeraMicroVisionNews & Featurespolymer compounds

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